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Is This The End Of The U.S Dollar? Geopolitical Moves "Obliterate U.S Petrodollar Hegemony" It seems the end really is nigh for the U.S. dollar. And the mudfight for global dominance and currency war couldn’t be more ugly or dramatic. The Saudis are now openly threatening to take down the U.S. economy in the ongoing fallout over collapsing oil prices and tense geopolitical events involving the 9/11 cover-up. The New York Times reports:
China has been working for years to establish global currency status, and will strengthen the yuan by backing it with gold in moves clearly designed to cripple the role of the dollar. Zero Hedge reports:
Putin also waits in the shadows, making similar moves and creating alliances to out-balance the United States with a growing Asian economy on the global stage. Luke Rudkowski of WeAreChange asks “Is This The End of the U.S. Dollar?” in the video below. He writes:
Visit WeAreChange.org where this video report was first published. The Federal Reserve, Henry Kissinger, the Rockefellers and their allies created the petrodollar and insisted upon the world using the U.S. dollar to buy oil, placing debt in American currency and entire countries under the yoke of the West. But that paradigm has been crumbling as world order shifts away from U.S. hegemony. It is a matter of when – not if – these events will change the U.S. financial landscape forever. As SHTF has warned, major events are taking place, and no one can say if stability will be here tomorrow. Stay vigilant, and prepare yourself and your family as best as you can.
Mac Slavo is a legend in his own mind. He spreads the legend wherever he can, though most people point, laugh and snicker -- but he's good with that. Mac would be considered by some to be a doom and gloomer, though he believes reality is reality, and he tries to assign no positive or negative personal perceptions to any particular event. This is quite difficult, so at times Mac does provide personal commentary and spin on news, economic & financial happenings, and geo-political events.
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